U.S. Unemployment Claims Hit 4-Year Low Of 357,000

unemployment applications dropped
unemployment applications dropped

By Christopher S. Rugaber


WASHINGTON -- The number of people seeking U.S. unemployment benefits fell to a four-year low last week, as layoffs slow and the job market strengthens.

Weekly applications dropped 6,000 to a seasonally adjusted 357,000, the Labor Department said Thursday. That's the fewest since April 2008.